About Abs Mercantiles Private Limited
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Abs Mercantiles Private Limited is a private limited company based in Gurgaon, Haryana, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 29 April 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24231HR1997PTC116334. Its GSTIN is 06AABCA8568R1ZX (Haryana). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2 Cr. It is led by directors Bodh Raj Sikri and Pochiraju Hanumath Subba Rao.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at SCO – 313 Sector – 29, Second Floor Gurgaon, Haryana, India – 122009.
As per the financials filed for FY 2025, the company reported a revenue of ₹342.03 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹2.78 Cr (net margin 0.8%) and EBITDA of ₹4.07 Cr (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 2% over five years.
The company is associated with 1 brand: ABS Mercantiles. As per MCA filings, the company has open charges of ₹51.99 Cr and satisfied charges of ₹78.85 Cr on record. Court records list 15 cases involving the company, including 12 filed by the company and 3 filed against it; 1 case is pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.78 Cr; the latest was in March 2024. Its 6 peer companies in the Chemicals industry (Chemical Retail and Distribution, Pharma Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 3 smaller; the largest is Aimchem Ingredients Private Limited with revenue of ₹348.94 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website absmercantiles.com.
Company details
CIN history
Abs Mercantiles has one previous CIN (Corporate Identification Number): U24231DL1997PTC086948. The current CIN is U24231HR1997PTC116334, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24231HR1997PTC116334 | Current |
| U24231DL1997PTC086948 | Previous |
Contact details
Abs Mercantiles Private Limited's registered office is in Gurgaon, Haryana. Its website is absmercantiles.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSCO – 313 Sector – 29, Second Floor Gurgaon, Haryana, India – 122009
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Abs Mercantiles Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Abs Mercantiles operates one associated brand: ABS Mercantiles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supplying APIs, intermediates, and solvents in North India. | absmercantiles.in |
Business activity
The main business activity of Abs Mercantiles is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Abs Mercantiles Private Limited, buy the company report.
Financials of Abs Mercantiles Private Limited
FY 2024 filings availableAbs Mercantiles Private Limited reported revenue of ₹342.03 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 8% growth in the latest year. EBITDA rose 23% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.78 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Abs Mercantiles Private Limited, buy the company report.
Board of directors of Abs Mercantiles Private Limited
Abs Mercantiles has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bodh Raj Sikri Also directs: Aumento Pallinos Private Limited, Vaxer Pharma Limited, Nxis Hospitality LLP and 2 more | Director | 29 Apr 1997 | 29 Years 6 Months | Current |
| Pochiraju Hanumath Subba Rao | Director | 02 May 1997 | 29 Years 5 Months | Current |
Peer comparison
Abs Mercantiles Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution, Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aimchem Ingredients Private Limited | ₹348.94 Cr (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| Mti Materials Private Limited | ₹348.09 Cr (FY 2025) | 25.0% | New Delhi, Delhi, India | |||
| JMF Performance Materials Private Limited | ₹345.79 Cr (FY 2025) | 5.0% | Thane, Maharashtra, India | |||
| Abs Mercantiles Private Limitedthis company | ₹342.03 Cr (FY 2025) | ₹2.78 Cr | 0.8% | 8.0% | Gurgaon, Haryana, India | |
| Parkleton Private Limited | ₹339.03 Cr (FY 2025) | -1.0% | Delhi, India | |||
| Ram-Nath & Company Private Limited | ₹338.84 Cr (FY 2025) | 3.0% | Chennai, Tamil Nadu, India | |||
| Afton Chemical India Private Limited | ₹335.42 Cr (FY 2022) | 0.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Abs Mercantiles Private Limited, buy the company report.
Auditor
Abs Mercantiles Private Limited is audited by PVSP & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PVSP & Co. | FY 2024 | 008940N |
Shareholding
The shareholding of Abs Mercantiles Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Abs Mercantiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2025 | 101099114 | Hdfc Bank Limited | ₹1 Cr | Open | |
| 03 Aug 2021 | 100468514 | Hdfc Bank Limited | ₹99 Lakh | Open | |
| 20 Nov 2015 | 10624763 | Yes Bank Limited | ₹50 Cr | Open | |
| 24 Mar 2015 | 10561830 | Standard Chartered Bank | ₹1.2 Cr | Satisfied | |
| 26 Dec 2014 | 10543791 | Deutsche Bank Ag | ₹12 Cr | Satisfied |
To see the full charge records of Abs Mercantiles Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Abs Mercantiles Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.78 Cr; the latest was in March 2024.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Oct 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Nov 2009 | Funding round | ₹1.78 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Abs Mercantiles Private Limited has 15 court cases on record: 12 filed by Abs Mercantiles, 3 filed against it. 1 case is pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 3 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Ms Leela Ventures ( India ) P.Ltd | Pending |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Rajasthan Drugs and Pharmaceuticals Ltd and Ors | Disposed |
| District court, South East, Delhi | Criminal case | Filed by the company against Rajasthan Drugs and Pharmaceuticals Ltd | Disposed |
| District court, Jaipur Metro I, Rajasthan | Cheque dishonour complaint | Filed by the company against Rajasthan Drugs and Pharmaceuticals Ltd. and Other | Disposed |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Ms Leela Ventures India Pvt. Ltd. | Disposed |
To see the full case history of Abs Mercantiles Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Abs Mercantiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Abs Mercantiles has 2 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
GST
Abs Mercantiles has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCA8568R1ZX | Haryana | Active | 01 Jul 2017 |
| 02AABCA8568R1Z5 | Himachal Pradesh | Active | 01 Jul 2017 |
| 05AABCA8568R1ZZ | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Abs Mercantiles Private Limited, buy the company report.
Recent activity
Abs Mercantiles Private Limited has 3 board changes on record since 1997: 2 appointments and 1 cessation. The latest: Sushila Sikri ceased to be Director on 10 Oct 2020.
18 earlier events are in the company report.
Frequently asked questions
Abs Mercantiles is an active private limited company based in Gurgaon, Haryana, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 29 April 1997 (29+ years old) and is registered under CIN U24231HR1997PTC116334.
Abs Mercantiles has 2 current directors:
- Bodh Raj Sikri - Director
- Pochiraju Hanumath Subba Rao - Director
The latest financial statements of Abs Mercantiles on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Abs Mercantiles is 06AABCA8568R1ZX, registered in Haryana. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 02AABCA8568R1Z5 (Himachal Pradesh), 05AABCA8568R1ZZ (Uttarakhand).
The CIN (Corporate Identification Number) of Abs Mercantiles is U24231HR1997PTC116334. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abs Mercantiles has 15 court cases on record: 12 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Abs Mercantiles was incorporated on 29 April 1997, making it 29+ years old. It is registered with the Registrar of Companies, Delhi.
Abs Mercantiles has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹1.78 Cr; the latest was in March 2024.
The peers of Abs Mercantiles by revenue are Aimchem Ingredients Private Limited, Mti Materials Private Limited, JMF Performance Materials Private Limited, Parkleton Private Limited, Ram-Nath & Company Private Limited and 1 more, all in the Chemicals industry (Chemical Retail and Distribution, Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Sushila Sikri ceased to be Director on 10 Oct 2020. Pochiraju Hanumath Subba Rao was appointed as Director on 02 May 1997. Bodh Raj Sikri was appointed as Director on 29 Apr 1997.
Abs Mercantiles can be reached through the website absmercantiles.com. Its registered office is in Gurgaon, Haryana, India.
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